SM Energy (SM) EBITDA (2009 - 2026)
SM Energy's EBITDA was $2.09 billion in Q2 2026, up 255.1% from $588 million a year earlier.
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Analysis
SM Energy (SM) EBITDA (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, SM Energy's EBITDA was $3.29 billion through Jun 30, 2026, up 48.7% year-over-year; for FY2025, it was $2.21 billion, up 17.1% from FY2024.
- In earlier years, EBITDA was $1.89 billion in FY2024 (+12.4%), $1.68 billion in FY2023 (-23.2%), $2.18 billion in FY2022 (+122.0%) and $983.51 million in FY2021.
- The Q2 2026 figure marks the highest quarterly EBITDA in data going back to Q2 2009.
- Compared with a year earlier, EBITDA was higher in six of the last eight quarters, with growth averaging 39.2%.
- The best year-over-year quarter for EBITDA over five years was Q3 2021 (growth of 318.6%); the worst was Q1 2026 (a decline of 75.5%).
- Per Business Quant data, SM's EBITDA in the three quarters before Q2 2026 was $134 million (Q1 2026), $501.06 million (Q4 2025) and $571.85 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 741.78 Bn | 698.26 Bn | - | 28.34 Bn |
| 2 | Chevron | 446.12 Bn | 418.24 Bn | 33.45 Bn | -13.84 Bn |
| 3 | Shell | 309.55 Bn | 239.29 Bn | 30.13 Bn | 27.62 Bn |
| 4 | TotalEnergies SE | 198.26 Bn | 78.84 Bn | 61.77 Bn | 18.43 Bn |
| 5 | Conocophillips | 177.38 Bn | 150.09 Bn | 12.81 Bn | 13.36 Bn |
| 6 | Equinor Asa | 118.86 Bn | 33.32 Bn | - | 15.71 Bn |
| 7 | Phillips 66 | 116.06 Bn | 103.85 Bn | 8.38 Bn | -38.11 Bn |
| 8 | Canadian Natural Resources | 113.90 Bn | 110.91 Bn | 8.84 Bn | 10.10 Bn |
| 9 | Suncor Energy | 96.36 Bn | 82.11 Bn | - | 2.37 Bn |
| 10 | SM Energy | 9.19 Bn | 7.60 Bn | 1.94 Bn | 2.08 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.08 Bn |
| Mar 31, 2026 | 129.00 Mn |
| Dec 31, 2025 | 503.41 Mn |
| Sep 30, 2025 | 574.51 Mn |
| Jun 30, 2025 | 590.00 Mn |
| Mar 31, 2025 | 549.00 Mn |
| Dec 31, 2024 | 549.57 Mn |
| Sep 30, 2024 | 536.08 Mn |
| Jun 30, 2024 | 460.40 Mn |
| Mar 31, 2024 | 345.95 Mn |
| Dec 31, 2023 | 499.52 Mn |
| Sep 30, 2023 | 386.32 Mn |
| Jun 30, 2023 | 368.56 Mn |
| Mar 31, 2023 | 427.61 Mn |
| Dec 31, 2022 | 487.64 Mn |
| Sep 30, 2022 | 769.45 Mn |
| Jun 30, 2022 | 671.23 Mn |
| Mar 31, 2022 | 265.23 Mn |
| Dec 31, 2021 | 678.35 Mn |
| Sep 30, 2021 | 332.86 Mn |
API Access
SM Energy EBITDA API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ebitda&ticker=SM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebitda", "ticker": "SM", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=ebitda&ticker=SM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();